Clean Max Enviro Energy Solutions Ltd Company Summary

Clean Max Enviro Energy Solutions Limited was originally incorporated as Clean Max Enviro Energy Solutions Private Limited at Mumbai, Maharashtra as a private Company dated September 29, 2010 with the Registrar of Companies, Mumbai. Subsequently, name of the Company was changed to Clean Max Enviro Energy Solutions Limited. A fresh Certificate of Incorporation dated August 7, 2025 was issued by the Registrar of Companies, Maharashtra at Mumbai.

Company has a business in developing commercial and industrial renewable power projects and in generation and sale of power.The Company commissioned the first onsite solar plant for 100 KWp in 2013. It began grid connected services for clients through KAS Onsite Power Solutions LLP, a special purpose vehicle in 2015. It expanded the business to Dubai, UAE, through Cleanmax Solar MENA FZCO in 2016.

It commissioned the first grid connected STU solar project under group captive mode for 30 MWp in Tamil Nadu for a large datacentre in 2017 and further installed the first STU connected third party open access project in Karnataka in 2018. The Company joined the first solar photovoltaic system leasing and operation agreement in Dubai, UAE in 2018. It signed the first solar project onsite in Thailand through the operating subsidiary, Clean Max Energy (Thailand) Co.

Ltd. in 2019. Further, initiated operations in Bangkok, Thailand, through its subsidiary, Clean Max Energy (Thailand) Co.

Ltd. It expanded the business into wind power plants by commissioning first wind farm at Hosahalli, Karnataka through Cleanmax Pluto Solar Power LLP in 2019-20. In FY 2021, Company commissioned a wind-solar hybrid (WSH) Farm in Jagalur district of Karnataka with nearly 100 MW capacity and expanded the grid connected STU to Maharashtra, through SPV, Clean Max Light Power LLP.

In 2022, it launched Central Transmission Utility of India (CTU) sites and received upto 600 MW connectivity approval for CTU wind site at Koppal, Karnataka. In 2023, it acquired a new carbon business line for green credit trade. It commissioned and installed a 350 MW+ State Transmission Utility (STU) wind-solar hybrid capacity in Gujarat in 2024.

It commissioned first onsite solar photovoltaic plant in Bahrain, through Kanoo Clean Max Renewables Asset Co. W.L.L. in 2024.

The Company restructured the business operations of STU to Chhattisgarh and Haryana in FY 2025, reaching a cumulative capacity of 2GW+. Company launched the IPO by issuing 29,315,993 equity shares of face value of Rs 1 each by raising funds aggregating to Rs 3083.83 crore, which consist a fresh issue of 11,425,906 equity shares amounting to Rs 1200 crore and the offer for sale of 17,890,087 equity shares amounting to Rs 1883.83 crore on February 25, 2026.